Computer Emergency Response Team (CERT) Australia is urging companies that haven’t migrated off the Windows XP operating system (OS) to start doing so because they are at increased risk of network vulnerability.
Hamish Barwick | 30 May | Read more
Barclays Bank has launched an investigation after confirming a report that sensitive files on thousands of customers was stolen and sold as leads.
Financial institutions must get more proactive about collecting data on customers' digital behaviour to fight financial losses through criminals' growing use of cross-channel fraud, ThreatMetrix has warned.
David Braue | 21 Jan | Read more
Australians will continue to be ripped off by international crime syndicates unless banks fast track the rollout of ATM chip technology, according to Queensland Police Detective Superintendent Brian Hay.
Hamish Barwick | 23 May | Read more
Information security vendors are telling customers to think in a new way. At the core of their advice is the idea — the admission, if you like — that no matter how good the defences they sell, sooner or later the bad guys will get through.
Stilgherrian | 01 Apr | Read more
Westpac Banking Corporation has warned customers about a new hoax email and website doing the rounds.
Hamish Barwick | 26 Mar | Read more
The Australian Securities and Investments Commission (ASIC) has warned Australians not to deal with a company operating under the name Global Capital Wealth.
Hamish Barwick | 22 Mar | Read more
Hackers are adapting distributed denial of service (DDoS) attacks and combining these with social engineering tactics to try and infiltrate banks during 2013, warns Gartner.
Hamish Barwick | 25 Feb | Read more
Olympics-related scams were in full swing as the Games continued, with unsophisticated bulk phishing scams trying to extract hard-earned from punters and search engines dishing up fake Olympic Games domains.
David Braue | 14 Aug | Read more
Criminals in 2012 are increasingly targeting the accounts of business owners and executives as a way to facilitate financial fraud and CIOs can help protect their organizations against these attacks.
Thor Olavsrud | 17 Feb | Read more
In the wake of last month's $6.7 million cyberheist from Postbank, Barclays Bank has launched Internet banking services and intends to invest more money in the next five years to make Web-based products accessible for free to the public.
Michael Malakata | 07 Feb | Read more
Global healthcare provider Best Doctors employs the most robust technologies and practices available to protect the privacy of its members' personal data—but that's just a part of doing business in this industry. Less obvious but equally important is the degree of vigilance with which the company <a href="http://www.csoonline.com/article/494853/brand-protection-the-expanding-cso-portfolio">protects its brand name</a>, which is trademarked in dozens of countries worldwide.
Lauren Gibbons Paul | 07 Feb | Read more
Intellectual property (IP) protections exist in U.S. law for the purpose of ensuring inventors and creators are compensated for their works, encouraging innovation.
Lauren Gibbons Paul | 07 Feb | Read more
The trusty telephone is emerging as one of the key elements in new multifactor authentication schemes designed to protect online banking and other web-based financial transactions from rapidly evolving <a href="http://www.networkworld.com/topics/security.html">security</a> threats.
Julie Sartain | 07 Feb | Read more
Cyber-thieves are using distributed denial-of-service (DDoS) attacks in order to distract banks from spotting and reversing fraudulent wire transfers initiated on behalf of their customers.
Lucian Constantin | 06 Dec | Read more
Hacktivist groups Anonymous and TeaMp0isoN have joined together in a new campaign that involves compromising credit card details and using them to donate money to charities, homeless people and anti-government protesters around the world.
Lucian Constantin | 01 Dec | Read more
A number of UK banks have undergone an exercise to demonstrate that they can cope with a cyber attack that prevents customers from accessing cash, and public transport disruptions during the London 2012 Olympic Games.
Anh Nguyen | 24 Nov | Read more
- Amazon, Apple and Google know more about you than your doctor or lawyer - and Commbank is jealous as hell. - Don’t trust an organisation that doesn’t have a face - because then you can’t punch it in when they screw up, said Marcus Ranum. - 78 percent of the world’s population doesn’t have access to a computer or the internet and therefore avoid all IT security problems.
Zennith Geisler | 11 Nov | Read more
Commonwealth Bank of Australia CIO Michael Harte is sick of spending more money protecting assets from trusted staff than hackers.
<a href="http://www.networkworld.com/news/2010/010810-heartland-to-pay-up-to.html">Heartland Payment Systems</a> figured it was in pretty good shape when it took out a $30 million cyber insurance policy. Unfortunately, the credit card transaction processor was the victim of a massive data breach in early 2009 that resulted in losses estimated at $145 million. The insurance company did pay Heartland the $30 million, but the company was on the hook for the remaining $115 million.
Lamont Wood | 24 Oct | Read more